Pound remains offered amid Brexit and cost-of-living ...
Pound Sterling softened on Friday as storm clouds continued to gather on the UK’s economic horizon.
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Pound Sterling softened on Friday as storm clouds continued to gather on the UK’s economic horizon.
The US dollar trended in a wide range yesterday as fluctuating market risk appetite led to erratic trade in the safe-haven currency.
Trade in the pound was mixed on Monday as a result of bearish trading conditions and revived Brexit uncertainty.
The pound suffered its worst week of trade since the start of the Covid pandemic last week.
The pound tumbled on Thursday, with a sharp selloff being triggered by the Bank of England’s (BoE) latest economic forecasts.
The pound stumbled last week as GBP investors continued to rein in their Bank of England (BoE) interest rate expectations.
The pound opened April on steady footing, with the currency benefiting from Ukraine peace talk optimism and a stronger-than-expected GDP release.
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